shut up and drive
The CEO of the nation’s oldest car-making conglomerate is looking to take a cue from futuristic electric car company Tesla by selling his Buicks, Cadillacs and Fords online–and presumably not in a shady Craigslist ad.
General Motors is actively exploring the concept of online sales, GM chief executive Dan Akerson said in a recent investor call, according to the Verge. He was quick to swear that such a Flintstones-meet-the-Jetsons dream come true would not make dealers obsolete.
Obama just signed into law a bill that makes it legal for Netflix to share what you watch on your Facebook page (provided you give them the okay, of course). [Gizmodo]
Yikes: CNET was forced to withdraw a “Best of CES” award by its parent company, CBS, which is currently embroiled in a lawsuit with Dish, the company that makes the product in question. [Buzzfeed]
Hey, Groupon stock is trading at double its all-time low! Before anyone breaks out the champagne, that’s around $5.20. [TNW]
GM is hiring a thousand high-tech workers–software developers, database experts, etc.–for a new “innovation center” in a suburb of Atlanta. [Wall Street Journal]
“We’re fucked. These guys don’t want to take over our land—they want to come over and take our water and go back. They like where they are.” [AllThingsD]
IPO Oh No
Brands are seeing clickthroughs from Facebook drop precipitously–just as the social network debuts the moneymaking Promoted Posts. Facebook, on the other hand, maintains its merely trying to keep from clogging up users’ news feeds with irrelevant information. [Ars Technica]
Lest you think the social network is completely neglecting its civic duties, Facebook will reportedly remind everyone to vote on Tuesday. [CNET]
“This is the modern version of someone falsely screaming ‘Fire!’ in a crowded theater.” That’s probably the last thing Twitter troll @ComfortablySmug, caught spreading false information for the lulz during Hurricane Sandy, wanted to hear. [Wall Street Journal]
Macmillan Dictionaries are going online only, a decision sure to make sense to all but the most fiercely nostalgic. [TheNextWeb]
As connectivity is increasingly important in cars, the automaker GM is staffing up in IT. [MIT Technology Review]
If this is true, Facebook’s advertising issues just got a little bit worse. The Wall Street Journal reports that, according to “people familiar with the matter,” GM is pulling paid ads from the social network, because their marketing execs have decided they’re just not effective enough.
And here everyone was worried about the company’s lack of a long-term mobile strategy.